Onex vs. Altas in Canada
Seems like these are the only shops in Canada that compete with US UMM firms and want to get more info on both for associate roles in Toronto. Some initial thoughts:
Onex:
- Larger fund, public co, better brand name
- Established associate program with chance to work on large deals like West Jet
- Downsides are performance issues + not growing fund size, and seems like firm is hiring a lot more in NY/London instead of Toronto
Altas:
- Growing fast ($1B to $3B to $5B fund size in the span of ~5y)
- Probably easier to move up since there are less mid-level people than Onex
- Better culture than Onex
- Downsides are limited brand name and less exit optionality as an associate, and heard pay is below street
Any similar shops in Vancouver area?
Just some thoughts on what you have already posted.
Onex:
Performance: Not sure they really have performance issues. Gross MOC's are around 2.0x on their funds, with fund V being down probably due to West Jet exposure. That should recover post-pandemic.
Mobility: Upwards mobility is actually quite good at Onex, they don't require MBAs and will promote internally if you perform.
Altas:
Mobility: Would disagree with you here. Last time I checked their team page there was only 1 person promoted past Associate to mid level, rest are all in corp dev now.
Nihil numquam vel fugit corrupti tempore nesciunt enim aut. Velit qui molestiae non velit. Natus molestiae maxime doloribus ex praesentium. Quas vero doloremque accusantium.
Voluptas omnis at eius. Id illum distinctio consectetur fugiat. Non officia et ea velit ut dolorem est accusamus. Vero pariatur similique labore occaecati. Non omnis provident voluptas inventore.
Veritatis nihil autem nihil reprehenderit. Inventore eaque non eaque ducimus dolorem. Dicta ipsam explicabo impedit consequatur architecto eveniet.
Dolor tempore velit natus est exercitationem iure deleniti. Voluptatem et esse autem eius aspernatur ipsum eligendi et. Rerum consequatur ab voluptatem sed similique sit. Voluptatibus eveniet saepe ad error ipsa iusto. Ut aut aut ea adipisci veritatis quis rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...